Belopolskyy M. Internal reserves to rescue Ukraine
DOI:
https://doi.org/10.31498/2225-6407.10.2014.31027Keywords:
internal reserves of the country, way out of crisis, saving the economy, refusal from foreign loansAbstract
The author highlighted the main negative aspects in the development of Ukraine, acquired over the years of independence. Conclusions about the catastrophic state of Ukraine's economy against the backdrop of the decline in industrial production. The analysis of the reasons that caused the crisis state. The basic ways out of the crisis : to increase the number of company- producers in 3-4 times; raise wages, pensions and other social payments by 2-3 times; reduce prices by 2-3 times of food and industrial products, services, medical devices, drugs and pay utilities. The author substantiates the direction for the development of industry. This nationalization of banks or government control oblige banks to carry out long-term loans to producers and consumers under 10% per annum. To minimize the outflow of capital abroad. Save any ways Ukrainian company-producers and stimulate the discovery of new predriyatiy. Implement a state monopoly on liquor, tobacco products, non-ferrous and ferrous metals and energy. Stop construction of luxurious offices, commercial firms, buildings for entertainment, sports, and religious institutions and send the money to increase production. Loans, investments received from abroad, do not corrode, and put into production. Windfall derived from natural resource rents in Ukraine, should go to the state budget. Use their own resources.
References
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